{ "ticker": { "uuid": "c7815ed7-67dc-43d9-923b-40425e561c04", "symbol": "EMWE", "name": "BNP Paribas Easy MSCI World SRI PAB UCITS ETF EUR Capitalisation", "exchange": "PAR", "country": "FR", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.9, "architecture_energy": 70.298, "architecture_maturity": 85.145, "architecture_confidence": 74.415, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 11.73, "rotation_up": 55.63, "upward_expansion": 83.0, "deceleration": 71.27, "rotation_down": 29.14, "downward_expansion": 12.0 }, "activity_lines": [ 23.647647, 23.565102, 23.137006, 22.662678 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 24.128201, "trend_reference": 22.14954, "distance_from_trend": 0.089332, "trend_direction": "Improving", "fair_value": 20.226615, "distance_from_fair_value": 0.192894, "fair_value_direction": "Improving", "relative_strength": 4.313875, "relative_strength_direction": "Improving", "price_momentum": 0.132567, "excess_performance": 0.079255, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089332, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038043, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.192894, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.072491, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.043139, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.000432, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.132567, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.590419, "read": "Demand-led" } ], "volume": { "latest": 65610, "relative_activity": 1.422259, "balance": 5.590419, "dry_up": 0.924268, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.015686, "annualized_volatility": 0.110947, "from_high_reference": 0.0, "from_low_reference": 0.199877 }, "levels": { "trend_reference": 22.14954, "fair_value_reference": 20.226615, "structural_low": 20.1089, "invalidation": "A 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"activity_lines": [ 23.409227, 23.108267, 22.456673, 22.117865 ] }, { "date": "2026-07-10", "close": 23.7295, "volume": 130513, "typical_volume": 42876.85, "trend": 21.84656, "fair_value": 20.072413, "relative_strength": 7.637617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.615012, "energy": 92.130784, "activity_lines": [ 23.552194, 23.275375, 22.624762, 22.245129 ] }, { "date": "2026-07-17", "close": 23.473, "volume": 43810, "typical_volume": 43867.5, "trend": 21.924993, "fair_value": 20.109646, "relative_strength": 6.321869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.215199, "energy": 87.215919, "activity_lines": [ 23.560254, 23.361184, 22.757851, 22.350061 ] }, { "date": "2026-07-24", "close": 23.461, "volume": 36457, "typical_volume": 44301.45, "trend": 22.000167, "fair_value": 20.145806, "relative_strength": 5.708152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.558427, "energy": 78.615929, "activity_lines": [ 23.541507, 23.420086, 22.880577, 22.449158 ] }, { "date": "2026-07-31", "close": 23.253799, "volume": 24672, "typical_volume": 44159.5, "trend": 22.072267, "fair_value": 20.183101, "relative_strength": 3.045202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.643086, "energy": 62.679099, "activity_lines": [ 23.445133, 23.419033, 22.972657, 22.530037 ] }, { "date": "2026-08-07", "close": 24.128201, "volume": 65610, "typical_volume": 46130.85, "trend": 22.14954, "fair_value": 20.226615, "relative_strength": 4.313875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.90022, "energy": 70.298057, "activity_lines": [ 23.647647, 23.565102, 23.137006, 22.662678 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }